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Showing posts with the label optimism

Leading Shiba Inu Rival Flashing Bullish Signals Hinting at Price Reversal, According to Santiment

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The original dog-themed memecoin is showing signs of a bullish reversal, says leading crypto analytics platform Santiment. According to Santiment, Dogecoin (DOGE) is “signaling a potential turning point once crypto markets stabilize” as the number of wallets increases. “Dogecoin, like most meme coins, has been hammered during the two-month crypto-wide retrace. However, we recommend keeping an eye on the rising level of wallets holding at least one million DOGE, which has recovered during the price dump. Active addresses are also at four-month highs.” Santiment says that the number of Dogecoin wallets holding over one million DOGE has surged by over 1% since the start of February. In March, the largest memecoin by market cap has also recorded spikes in address activity, with the number rising to more than 150,000 active addresses per day severally. Source: Santiment/X Dogecoin is trading at $0.166 at time of writing, down by about 62% from the 2025 hi...

Top Cryptocurrencies to Invest in Now February 13 – Optimism, XDC Network, Pyth Network

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The altcoin market has experienced notable volatility, with assets reaching unexpected price levels. The global cryptocurrency market capitalization currently stands at $3.15 trillion, reflecting a 1.28% decline in the past 24 hours. Market activity has also slowed, with total trading volume decreasing by 10.23% to $112.08 billion within the same period. Recent declines have raised investor concerns, but technical indicators suggest a possible recovery. Market corrections are sometimes seen as opportunities for investors to enter at lower price levels. Given the mixed signals in the market, many are evaluating which cryptocurrencies hold the most growth potential. This Analysis explores some of the top cryptocurrencies to invest in now . Top Cryptocurrencies to Invest in Now ENS is currently priced at $26.70, showing a 6.09% increase in the past 24 hours. Furthermore, Optimism is trading at $1.10, marking a 4.92% rise within the same period and a 3.16% gain over the past week. Mea...

Could XRP make you a millionaire?

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After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security. Though the ruling didn’t completely prevent the SEC from pursuing an unregistered securities claim, the positive developments started gaining momentum in November 2024 as Donald Trump was re-elected president of the United States and Gary Gensler confirmed he would resign as Chair of the regulatory agency. The developments fueled significant optimism about XRP’s future and again made investors hopeful that their positions in the token might make them millionaires. Picks for you A small city in Romania could ‘soon’ adopt cryptocurrency, as hinted on X 21 mins ago ...

Top Cryptocurrencies to Buy Now February 3 – Render, Optimism, Uniswap

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The cryptocurrency market is gaining momentum, with many analysts predicting a strong February for altcoins. This potential surge could signal the beginning of the next phase of the broader crypto bull run. Historically, such periods of growth have often led to an “altcoin season,” where altcoins outperform Bitcoin in terms of gains. Institutional interest in digital assets continues to rise, further fueling market optimism. The approval of Bitcoin ETFs provided a significant boost, and anticipation surrounding Ethereum ETFs has added to the enthusiasm. These developments will likely attract more investors, increasing liquidity and increasing altcoin prices. With a potentially exciting month ahead, market participants are looking for the top cryptocurrencies to buy now .  Top Cryptocurrencies to Buy Now THORChain is exchanging hands at $1.32, experiencing a 12.90% rise over the past 24 hours. Meanwhile, Solaxy has successfully raised over $17 million during its presa...

Next Cryptocurrency to Explode Saturday, September 7 — BinaryX, ApeCoin, 1Inch Network Token, Optimism

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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potential of Me...

Cryptocurrency: Top 3 Layer 2 Coins By Development Activity To Buy Now

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Cryptocurrency investors are increasingly focusing on projects with strong fundamentals and active development. Layer 2 solutions, which aim to improve the scalability and efficiency of blockchain networks, have garnered significant attention in recent months. According to a recent tweet by Santiment, a leading cryptocurrency analytics platform, three Layer 2 coins stand out in terms of development activity: Optimism (OP), Starknet (STRK), and Arbitrum (ARB). Also read: Shiba Inu: Machine Learning AI Predicts SHIB Price for May 5 Optimism (OP) Source: Crypto News Optimism, a Layer 2 scaling solution for Ethereum, has claimed the top spot on Santiment’s list of Layer 2 cryptocurrencies by development activity. In addition, the project has made significant strides in improving the Ethereum network’s scalability and user experience, attracting both developers and users. According to Santiment’s data, Optimism has an impressive 146% more daily developme...

Ethereum Layer-2 networks thrive while ETH's average fee sits below $2

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A pl ETH ora of projects is building on Ethereum [ ETH ]. The network is home to several layer-2 projects. It seems like the attention of the industry was veering toward these projects as opposed to ETH . Over the weekend, Optimism ’s daily transaction count hit an all-time high of nearly 700,000. This is reportedly a 700 percent surge since September 2022. Arbitrum also mirrored this notion. Both these projects together flipped Ethereum in terms of transaction volume. According to the graph, Ethereum handled more than 1.06 million transactions on January 10 while Arbitrum and Optimism together processed over 1.12 million. Source As seen in the chart, Optimism, as well as Arbitrum, have witnessed a persistent increase since September 2022. It should be noted that both these networks account for 80 percent of the entire layer-2 ecosystem. Therefore, the above data signifies the emergence of layer-2 networks over Ethereum. Ethereum’s average fee stays grounded for...